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View Diary: The Demographic Horror Story and Other Children’s Tales (26 comments)

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  •  Perfect timing (18+ / 0-)

    I'm so glad that you wrote about this since the Fix the Debt cabal has switched from fearmongering about debt to the "moral" argument about who will save the children.

    This is completely true and precisely the point. The real threat to our children’s living standards has nothing to do with the possibility that Social Security might require additional tax revenue in the decades ahead. The threat to their living standards is the risk that the upward redistribution of the last three decades will continue for the decades into the future. If this proves to be the case, then the top 1-2 percent of the population will get almost all of the gains of economic growth and most of our children and grandchildren will see nothing.

    That is why the obsessive focus of the VSPs on the demographics is so pernicious. It distracts the public from the issues that are most important to their living standards and the living standards of their children and grandchildren. Furthermore, if they accomplish their stated goal, they will undermine one of the few sources of security that ordinary workers still enjoy in today’s economy.

    If they really cared about our children they would not be attacking education and other programs with their destructive austerity agenda.  


    "Justice is a commodity"

    by joanneleon on Fri Mar 29, 2013 at 08:06:58 AM PDT

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